CopyTele, Inc. (OTCBB: COPY), announced today that it has postponed its
2012 Annual Meeting of Stockholders, previously scheduled for October
31, 2012, until November 9, 2012. The annual meeting has been postponed
due to the severe weather that is expected to arrive in the New York
area.

The Company anticipates posting a supplement to the proxy statement on
or about October 29, 2012 to notify stockholders of the postponement of
the annual meeting. The proxy supplement will also correct an inaccuracy
contained in the proxy statement that was previously mailed or made
available electronically to stockholders relating to Proposal 3
(Increase in Authorized Common Stock) in which Proposal 3 was
incorrectly described as a “non-routine” matter on which banks, brokers
and other nominees are not permitted to vote without stockholder
instruction. The supplement to the Proxy will list the status of
Proposal 3 as a “routine” matter on which banks, brokers and other
nominees are permitted to vote without stockholder instruction, in
accordance with applicable regulations.

The postponed meeting will be held at the Fox Hollow, Woodbury, New York
on Friday, November 9, 2012 at 10:30 a.m. The record date for the
meeting will remain September 10, 2012. Stockholders which have already
cast votes for the annual meeting will not need to vote again unless
they wish to change their votes.